

1,159,212
First...we must agree on what "execute" means. The definition below was taken off on the internet:
Definition of Execute
Noun
1. To complete, and give effect or validity to, a legal document, decree, law, or judicial sentence.
2. Fulfilling legal requirements of a contract or other instrument by signing or sealing.
So...you can see that, once a contract is written, it can take only a short time to "execute" the contract.
Yet, I do not think what you wrote is really what you want to ask.
If you are asking how long it take to complete a real estate transaction, that is not a question that can be precisely answered.
Some transactions, as in a cash purchase, can move to close in days.
Others, due to inspections, negotiations, financing, escrow processing and other possible delays can easily take 30 days or, in some cases, much longer.
Many contracts are written with a close of approximately 30 days in mind and work out satisfactorily.
-
John Pusa
Glendale, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Georgetown, MA
-
Clay R. Seay
Saint Augustine, FL
1,075,238
just guessing what you are saying is that typically 45-60 days from contract to closing. it all varies it can be longer or shorter but those are the days I advertise.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Peter Mohylsky 850-517...
Miramar Beach, FL
-
Doug Dawes
Georgetown, MA
-
John Juarez
Fremont, CA
429,405
Alan May is correct in his reply. There are several ways to define "execution" of a purchase contract.
The execution of signatures is the one step in the process. That can take as quickly as an hour as Alan stated, or up to 24-48 hours if the buyer or seller negotiate the terms and conditions, one of them is working or out of town. Auto signing via Docusign program is also a quick process, depending on the questions either party may have on the contract wording.
The timeline from signatures to closing varies to the terms of the contract. A cash offer with no contingencies can be closed and property transferred as soon as 2-3 weeks, depending on Title or Legal steps.
Most contracts with mortgages are longer due to inspections, appraisals, surveys, repairs, if any, and the buyer and seller agreed upon time line. Each contract is different and you, as the agent, needs to understand and manage each step according to your client's direction.
Usually 30 -45 days is reasonable, but can be 60, 90 days or more depending on each parties situation.
Once the property closing has occurred, you are not done ! Keep in touch with your client as referrals and long term relationships are a critical part of our future business.
-
Jeff Dowler, CRS
Carlsbad, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Georgetown, MA
-
Lyn Sims
Schaumburg, IL
6,041,912
The time from offer to closing will largely depend on financing and contingencies.
-
Sally Crane
Unity, WI
-
Doug Dawes
Georgetown, MA
-
John Juarez
Fremont, CA
3,918,086
Hello Taya Reynolds it depends on the contract timeline can change.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Georgetown, MA
-
John Juarez
Fremont, CA
3,235,021
As others have mentioned, we must define and understand what is meant by the "execution" of a contract.
In my market, 30 days is more "typical" than shorter or longer timeframes.
-
John Pusa
Glendale, CA
-
Kathleen Daniels, Prob...
San Jose, CA
1,128,710
30 to 45 days is considered the norm from accepted offer to closing. SOme take longer and others less
-
John Pusa
Glendale, CA
-
Kathleen Daniels, Prob...
San Jose, CA
4,867,222
30-45 days is typical but contingencies and financing may alter that time frame.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Georgetown, MA
1,039,391
30 days is the most frequent timeline I see from contract to consummation.
If you mean the actual execution of the contract meaning all parties agreeing and signing, usually 24-48 hours from offer delivery, or less.
-
Doug Dawes
Georgetown, MA
-
John Juarez
Fremont, CA
2,729,456
All involved are motivated to close. It boils down to each person involved time to perform. A good agent gets a lot done pre-escrow as in the looking and buying stage. The listing agent drives the bus. A good, on top of everything agent with a high-performance escrow can coordinate appraisals, loan docs and repairs (if any) in record time. Allow for 30-45 day closings however I have seen the go way less and way more for various reasons. Until the closing, we are all working for free!
-
Doug Dawes
Georgetown, MA
-
John Juarez
Fremont, CA
1,803,231
Maybe execution should be 'completed' in your question. The guys have given you great answers.
-
Doug Dawes
Georgetown, MA
-
John Juarez
Fremont, CA
1,947,748
That depends on what you mean by "execution".
Some people think that execution means getting it agreed to and signed by both parties. (or ratified) And honestly that can take place as quickly as an hour or so.
But personally, I believe that execution means that everything within the contract has been 'executed' (or carried out)... so all of the instructions therein have been carried out... so negotiations, inspection, earnest monies, loans, balance of funds, and actual closing and exchange of keys and recording of title and deed.. and that typically takes anywhere from 30 days up to 90 or 120 days (or sometimes longer by mutual agreement)
-
Doug Dawes
Georgetown, MA
-
Clay R. Seay
Saint Augustine, FL
28,321
345,855
4,623,361